Abra is a popular Android application for investing in cryptocurrencies, trading and earning interest. Although this platform has users from all around the world, it is especially convenient for the residents of the United States.
As with many other crypto trading platforms, Abra supports all popular currencies as well as many altcoins. Here you can find Bitcoin, Ripple, Ethereum, Litecoin, Dogecoin and over a hundred others.
The utility offers a list of services similar to another popular platform called BlockFi. First of all, users are able to buy, sell and exchange between any two currencies with no limits. Naturally, you can send and receive money of any kind.
Conveniently, the service supports several ways to top up your balance. Besides usual credit cards, you are also able to process direct bank transfers. Additionally, it is possible to make cash deposits from offline retailers. However, this option is only available for the residents of the United States.
Besides trading, users can borrow USD stablecoin at a relatively low annual percentage yield. Another function is the option to get a passive income for stacking your crypto assets. The platform offers up to 10 percent per year.
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